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If a man earns $420 interest in one year at 7%, what was the amount of money invested?

If a man earns $420 interest in one year at 7%, what was the amount of money invested?
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If a man earns $420 interest in one year at 7%, what was the amount of money invested?

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User Exist
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1 Answer

2 votes
Let's assume the amount invested = x
x * 7/100 = 420
x = 42000/7
x = 6000 dollars
answered
User MaNKuR
by
8.1k points
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